Asian markets end mixed on Thursday

16 Jul 2026 Evaluate

Asian markets ended mixed on Thursday driven by a sharp tech-sector selloff and growing concerns over the escalating US-Iran conflict, but softer-than-expected US producer price data eased concerns about near-term Federal Reserve interest-rate hikes. South Korea's Kospi dropped more than 6%, while the Korean won rose for a fifth straight session against the dollar to hit over a two-month high as the Bank of Korea raised its benchmark interest rates by 25 basis points to 2.75% for the first time in 3-1/2 years, aiming to counter persistent inflationary pressure amid the intensifying conflict in West Asia. Chinese shares fell after data showed China's GDP grew at its weakest pace since Q4 2022 and fell below the government's 2026 growth target range of 4.5%-5%. In response, the PBOC pledged stronger policy support in the second half of the year, signalling flexibility to use tools such as RRR cuts and reverse repos while maintaining the seven-day reverse repo rate as its key policy benchmark.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,882.41	-73.17	-1.85
Hang Seng	25,008.60	327.50	1.33
Jakarta Composite	6,108.21	66.24	1.10
KLSE Composite	1,722.19	8.43	0.49
Nikkei 225	66,835.54	-1,915.97	-2.79
Straits Times	5,539.38	-20.34	-0.37
KOSPI Composite	6,820.60	-463.81	-6.37
Taiwan Weighted	45,624.98	-6.61	-0.01

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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